STPLSTPL is moving around its demand zone, multiple pull back from this level had seen before. Long position can be consider around 5.80 for the target of 6.50. Use stop loss around 5.40.
STPL trade ideas
STPL-PSX STPL is in making double bottom pattern with harmonic pattern Buy stop at 7 buy 2 at 6.5 SL : 5.2 TP 7.9
Bullish Divergence on Weekly TFBullish Divergence on Weekly TF which triggers
a positive sign for reversal
However, H&S Pattern will be in play
if it breaks 5.50 with target around 3.75 - 4
It should touch 6.80 - 6.99 once
PSX -STPL OutlookBulls are in control after breaking out the the lash LH with healthy volume. entry recommended upon sustaining on 9.08 with volume. strong potential and growth can be seen on weekly chart
Entry:9.08
StopLoss:7.75
TP1:12.25
TP2:16.15
